Auradine CEO Warns of National Security Risks in Bitcoin Centralization

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Auradine CEO Warns of National Security Risks in Bitcoin Centralization Rajiv Khemani, CEO of Auradine, a leading Bitcoin mining chip manufacturer, has raised concerns over the national security implications of centralizing Bitcoin’s infrastructure, particularly in the hands of foreign entities.

To safeguard both Bitcoin’s future and the critical infrastructure supporting it, the U.S.must focus on domestic ASIC production and diversifying Bitcoin’s mining operations.

Such risks are compounded by the global energy market, which powers Bitcoin mining and could be disrupted by any instability in hardware supply chains.Call for U.S.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: IndiaChinaMali

Topics: Auradine Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-05 @ 03:52:30 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 717 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22891826

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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News Last Updated: 9 hours ago

Coverage Areas: India

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